The Financial Conduct Authority (FCA) has published proposals to extend the senior managers and certification regime (SM&CR) across most regulated firms replacing the existing approved persons regime. This follows a government announcement in October 2015 that it wished to extend …
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Germany’s laws on employee participation giving staff based in the country the right to vote for half of the membership of its supervisory board do not contravene the EU’s law on the free movement of people, the European Court of …
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The UK’s Financial Conduct Authority (FCA) has launched a consultation on proposals to create a new category within its premium listing regime to cater for companies controlled by a shareholder that is a sovereign country.
Last February the FCA launched …
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The Securities and Exchange Commission of Pakistan (SECP) has required listed companies to have at least one woman director within three years which it said would lead to a doubling of the number of female directors in the country.
The …
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Australia’s Financial Services Council (FSC) which represents the country’s fund management and pensions industry has launched an Internal Governance and Asset Stewardship Standard for investment managers and asset owners.
This is the first stewardship code introduced in Australia and the …
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Trade union bodies, the TUC and the GMB, commented that they would have liked more radical proposals from Matthew Taylor and his team in his Good Work report reviewing modern employment practices that were published last week.
The Taylor …
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The Interfaith Center on Corporate Responsibility (ICCR), a coalition of US institutional investors that engage companies on the environmental and social impacts of their operations, has urged US Senators not to pass the Financial CHOICE Act.
The ICCR sent …
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Corporate governance in Kenya is improving due to enhanced corporate disclosure and improved regulation according to this year’s corporate governance index from Cyton Investments.
Cyton noted that its first index, and accompanying corporate governance analysis, published last year had …
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The European Commission has adopted guidelines on the disclosure of environmental and social information. The Commission said they will help companies to disclose relevant non-financial information in a consistent and more comparable manner.
These guidelines have been published as companies …
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